AUD/USD’s rally might soon be over as the pair is finding resistance at the top of the falling channel on the 1-hour time frame. Stochastic just crossed down from the overbought region and is pointing down, suggesting...
The USD/JPY pair fell hard during the session on Tuesday, reaffirming the resistance at the 100 handle. However, this market is still a “buy only” market, simply because of the Bank of Japan and its anti-yen policies.
The USD/CAD pair fell during the session on Tuesday, slicing through the 1.04 handle again. That suggests to us that we are simply going to consolidate in this general vicinity for the short term, and as a...
The GBP/USD pair fell initially during the session on Tuesday, but as you can see bounced enough to form a green hammer by the end of the day. We think that this market is going to the...
The EUR/USD pair rose during the session on Tuesday, breaking the top of all three of the previous hammers that had been printed on the daily chart. We had suggested that the 1.30 level is going to...
The AUD/USD pair rose during the session on Tuesday, launching from the supportive candle that we had formed on Monday. However, you can see that we are approaching the top of the recent consolidation area, and beyond...
The change in the yield differential which has been altered over the last couple of trading session has allowed the sterling to hold support levels, in the face of a strong dollar which could now face continued...
GBP/USD is making a tight consolidation pattern on its shorter-term time frames (1-hour and 15-minute charts), as traders await the release of the UK CPI data.
The USD/JPY pair rose during the session on Monday, but as you can see the 100 level has offered far too much resistance for the market to overcome. However, we are not about to start selling this...
The USD/CAD pair rose during the session on Monday, breaking above the 1.04 level. However, we did not break the top of the candle from Thursday that we had suggested was a signal.
